Selbyville, DE -- (SBWIRE) -- 06/20/2019 -- Electrophoretic Painting Process (E-Coat) is a process where a metal part is immersed in a water-based solution containing a paint emulsion. An electric voltage is applied to the part causing the paint emulsion to condense onto the part. A part can be painted both inside and out, wherever the liquid is able to reach a metal surface. The coating thickness is limited by the applied voltage. As areas of high voltage build a coating they become insulators thus allowing lower voltage areas to build up. Finally, the interior of a part can be coated since the exterior is fully insulated by the coating.

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The market is witnessing steady growth because of demand for e-coats in end-use industries such as automotive and appliances.

Automotive (including manufacturing and auto parts) is the most popular and the fastest-growing segment in the E-coat industry, which accounting for over 61% of the demand market in 2016. The application of metallic paints has increased in passenger cars, as they provide sparkling and glossy effect, due to which there is high demand among customers. The automotive manufacturers have introduced the trend of color customization in vehicles, especially in passenger cars, which is expected to drive the market.

In 2016, the cathodic epoxy E-coat is estimated to account for the largest market share (about 53% of USA), in terms of value. Cathodic epoxy e-coat is the conventional type of e-coat used to provide corrosion resistance to the automotive and appliances bodies. It is widely used in the automotive industry, as it provides superior salt spray, resistance to humidity, and cyclic corrosion resistance.

The key players in this market are Axalta Coating Systems, PPG Industries, BASF, Nippon Paint and Valspar Corporation.

A brief run-through of the industry segmentation encompassed in the E-Coat market report:

Competitive landscape:

Companies involved: Axalta Coating Systems, PPG Industries, Inc., BASF SE, Nippon Paint Holdings, The Valspar Corporation, Tatung Fine Chemicals, KCC Corporation, Luvata Oy, Hawking Electrotechnology Ltd, NOROO Paint & Coatings Co., Ltd., Koch Membrane System, Inc, ClearClad, Therma-Tron-X, The Decc Company and B.L. Downey Company LLC

Vital pointers enumerated:
- Sales area
- Distribution
- Company profile
- Company overview
- Products manufactured
- Price patterns
- Revenue procured
- Gross margins
- Product sales

The E-Coat market report provides an outline of the vendor landscape that includes companies such as Axalta Coating Systems, PPG Industries, Inc., BASF SE, Nippon Paint Holdings, The Valspar Corporation, Tatung Fine Chemicals, KCC Corporation, Luvata Oy, Hawking Electrotechnology Ltd, NOROO Paint & Coatings Co., Ltd., Koch Membrane System, Inc, ClearClad, Therma-Tron-X, The Decc Company and B.L. Downey Company LLC. Parameters such as the distribution and sales area, alongside other pivotal details such as the firm profiling and overview have also been mentioned.

The study mentions the products manufactured by these esteemed companies as well the product price prototypes, profit margins, valuation accrued, and product sales.

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Geographical landscape:
Regions involved: USA, Europe, Japan, China, India, South East Asia

Vital pointers enumerated:
- Product consumption patterns
- Valuation that each of these regions account for in the industry
- Market share which every region holds
- Consumption market share across the geographies
- Product consumption growth rate
- Geographical consumption rate

Segmented into USA, Europe, Japan, China, India, South East Asia, as per the regional spectrum, the E-Coat market apparently covers most of the pivotal geographies, claims the report, which compiles a highly comprehensive analysis of the geographical arena, including details about the product consumption patterns, revenue procured, as well as the market share that each zone holds.

The study presents details regrading the consumption market share and product consumption growth rate of the regions in question, in tandem with the geographical consumption rate with regards to the products and the applications.

Product landscape
Product types involved: Anodic Epoxy, Anodic Acrylic, Cathodic Epoxy and Cathodic Acrylic

Vital pointers enumerated:
- Market share held by the product
- Projected valuation of each type
- Individual product consumption as per value and growth rate
- Sales value

The E-Coat market report enumerates information with respect to every product type among Axalta Coating Systems, PPG Industries, Inc., BASF SE, Nippon Paint Holdings, The Valspar Corporation, Tatung Fine Chemicals, KCC Corporation, Luvata Oy, Hawking Electrotechnology Ltd, NOROO Paint & Coatings Co., Ltd., Koch Membrane System, Inc, ClearClad, Therma-Tron-X, The Decc Company and B.L. Downey Company LLC, elaborating on the market share accrued, projected remuneration of each type, and the consumption rate of each product.

Application landscape:
Application sectors involved: Passenger Cars, Commercial Vehicles, Automotive Parts & Accessories, Heavy-Duty Equipment and Appliances

Vital pointers enumerated:
- Market share held by each application segment
- Forecast valuation of each application
- Consumption patterns

The E-Coat market report, with respect to the application spectrum, splits the industry into Passenger Cars, Commercial Vehicles, Automotive Parts & Accessories, Heavy-Duty Equipment and Appliances, while enumerating details regarding the market share held by each application and the projected value of every segment by the end of the forecast duration.

The E-Coat market report also includes substantial information about the driving forces impacting the commercialization landscape of the industry as well as the latest trends prevailing in the market. Also included in the study is a list of the challenges that this industry will portray over the forecast period.

Other parameters like the market concentration ratio, enumerated with reference to numerous concentration classes over the projected timeline, have been presented as well, in the report.

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